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Ford debuts another Australian hot rod

Ford's Australian-based Performance Vehicles operation has unveiled its fastest car to date—the Falcon-based FPV GT R-spec. To be assembled at Ford Performance Vehicle's headquarters on the outskirts of Melbourne, the rear-wheel drive GT R-spec packs the same engine as the earlier GT335, a supercharged 5.0-liter V8 producing 449 hp and 420 lb-ft of torque. But, a range of chassis modifications, including a retuned suspension, wider 19-inch rear wheels and tires and new launch control system are claimed to provide the greater off-the-line speed than any previous model from Ford's Australian outpost.

Toyota recalls some RAV4 and Highlander models for airbag problem

Toyota is conducting a voluntary U.S. safety recall for certain 2007 and 2008 RAV4 models and 2008 Highlanders for a problem with airbag sensors. About 214,000 RAV4s and 94,000 Highlanders and Highlander HVs will be recalled.

General Motors cancels plans for Buick compact crossover

General Motors has canceled plans for a compact crossover for Buick, vice chairman Tom Stephens said Wednesday in a posting on the company's blog. The five-passenger crossover was just announced earlier this month at an event in Northern Michigan. But GM reversed plans after negative feedback about the vehicle said that it didn't fit the premium characteristics associated with the brand.